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Stephen Colbert Sets May 21, 2026 Finale for The Late Show on CBS

CBS says the franchise is ending for financial reasons after a three-decade run that began with David Letterman.

Overview

  • Colbert disclosed the final-air date during an appearance on Late Night with Seth Meyers, saying the ending "feels real now" and that he will miss his colleagues most.
  • The Late Show franchise will be retired with no successor host, consistent with CBS’s July announcement that the series would conclude at the end of the 2025–26 season.
  • Network leadership maintains the decision is purely financial, while critics have questioned the timing following Paramount’s $16 million settlement with President Donald Trump and the Skydance merger process.
  • Launched in 1993 with David Letterman and hosted by Colbert since 2015, the show remained a late-night leader and won the Emmy for Outstanding Talk Series in September 2025.
  • With roughly four months left, Colbert will continue hosting from the Ed Sullivan Theater and says he is "not thrilled" but focused on finishing with his team.